Breaking News: Abe warns of delay in key labour reforms

 
 
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Sunday October 06 2013
 
 
Breaking news
 
Abe warns of delay in key labour reforms
 
Shinzo Abe has sought to damp expectations for a speedy liberalisation of Japan's labour market, pointing to strong domestic opposition to the "sensitive" but potentially crucial plank in his structural reform programme.

In an interview with the Financial Times, Mr Abe said he was determined to build on the early successes of his "Abenomics" revitalisation campaign by pressing ahead with deregulation. But he conceded that a relaxing of Japan's stringent job protections – a step that he has described as necessary to make Japanese companies more competitive and to attract foreign investment – would not be part of an forthcoming policy package.


 
 
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